South Main Retail

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South Main

Office Space Market Report

Number of Listings (last 90 days)
237
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
830
As of: August 17, 2017

South Main Rates

Most listings are in the $20's per square foot per year. The South Main submarket is going through a a boost in rates. In the last 3 months, the median rate increased $0 per sqft per year. That's a 1% rise in rent.

Compared to the rest of the Houston Metro market, the South Main region has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

South Main Listing Supply

In the last 90 days, 130 listings have been posted online, so you'll want to check back regularly for new listings. About 72% of the available leases in the South Main are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 830 sqft. Most buildings in this area are around 1 stories. Most buildings in this market were built in 1980 and are Class B.

South Main Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Most of the folk of South Main work from home. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in South Main.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Main.
Research

Houston Submarkets